margin and mark ups
KVeevers
Registered Posts: 67 Regular contributor ⭐
Hi everyone
Can someone help me?
I just would like to know,
Why calculating margin and mark up? I just don’t understand it?
And could someone tell me an easy way to remember the calculation.
Thank you
Katrin
Can someone help me?
I just would like to know,
Why calculating margin and mark up? I just don’t understand it?
And could someone tell me an easy way to remember the calculation.
Thank you
Katrin
0
Comments
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For margin:
Cost of sales 60%
Gross profit 40%
Selling price 100%
Mark-up:
Cost of sales 100%
Gross profit 40%
Selling price 140%
I hope that helps!0
